Egypt kept its interest rates at a record high for the fifth straight meeting even as it weighed the impact of subsidy cuts.

The International Monetary Fund (IMF) mission and the Egyptian government are still discussing the fourth review of the ...

Egypt kept interest rates at a record high as it weighs the effects of a new round of subsidy cuts and awaits the completion ...

Madbouly also revealed that the IMF had forecasted Egypt's GDP growth rate to rise from 2.4 percent this year to 4 percent in ...

Egypt is poised to keep interest rates at a record high as it awaits the full inflationary impact of a fuel-price hike and the completion of a key International Monetary Fund review.

Regional geopolitical tensions present a challenge for the advancement of Egypt's economy. The International Monetary Fund (IMF) issue ...

(Bloomberg) -- Egypt started selling a stake of as much as $104 million in United Bank, the country’s first initial public offering in three years as it presses ahead with a privatization program ...

Stock markets in the Gulf tracked global shares lower on Thursday as tension between Russia and Ukraine kept investors on ...

The Egyptian pound has fallen to its lowest value since devaluation in March, Bloomberg reported. This drop was affected by a broad sell-off in emerging markets and higher local demand for US dollars.

Monetary Policy Committee (MPC) decided Thursday to keep key interest rates unchanged for the fifth consecutive time.

Eleven tenders worth more than $1.2 billion for public-private partnerships (PPPs), mainly involving water and waste water treatment, are about to be issued by the Egyptian government. Atter Hannoura, ...

(Bloomberg) -- Kenya plans to draw down on a $1.5 billion loan agreed with Abu Dhabi in tranches to remain within borrowing thresholds set in an International Monetary Fund ... investment deal for ...